Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , fell short of Wall Street estimates for quarterly sales on Thursday as the luxury jeweler was hurt by weak demand from foreign tourists and business disruptions in Hong Kong.
Today we will run through one way of estimating the intrinsic value of Northern Oil and Gas, Inc. (NYSEMKT:NOG) by… …read more […]
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Canadian fashion billionaire Lawrence Stroll is planning a bid for luxury automaker Aston Martin Lagonda Global Holdings Plc, industry magazine Autocar reported.Shares of Aston Martin jumped as much as 13% after Autocar said Stroll aimed to purchase a major stake that would give him control of the struggling U.K. company, without saying where it got the information. The bonds also gained.Aston Martin is grappling with sluggish sales and lower earnings after pegging future growth to the launch of its first sport-utility vehicle, …read more […]
Top news and what to watch in the markets on Thursday, December 5, 2019. …read more […]
Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case.
Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case. British cave explorer Vernon Unsworth testified on Wednesday he felt “branded a pedophile” despite Musk’s assertion that his “pedo guy” tweet was not meant to be taken literally. Unsworth’s appearance in a packed federal courtroom in Los Angeles came hours after Musk, the chief executive of electric carmaker Tesla Inc and founder of rocket …read more […]
Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, a survey on Thursday showed.
Biogen Inc, looking to win over skeptics and health regulators, later on Thursday will present highly anticipated data on its experimental Alzheimer’s drug aducanumab, which the U.S. biotech company had declared a failure earlier this year. The turnabout has raised concern that the company is being more optimistic than its trial results warrant as it makes a case for a desperately needed treatment that, if approved, could be the first to slow progression of the mind-wasting disease. For Biogen, the financial prospects are enormous. …read more […]
Japan’s cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world’s third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics.
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Apple Inc… …read more […]
Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week’s UK election will lead to a smooth Brexit.
Michael Morrissey became the CEO of Exelixis, Inc. (NASDAQ:EXEL) in 2010. This analysis aims first to contrast CEO… …read more […]
South Korea’s LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .
Fiat Chrysler Automobiles (FCA) has challenged Italy’s tax authority which has said the car company had underestimated the value of its U.S. business after it bought Chrysler.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
